Process of Registering and Buying Property in Iceland

Posted on November 15th, 2008 by admin

Step 1: The buyer obtains a non-encumbrance certificate from the Land Registry
Completion Time Frame: 1 day
Completion Costs: ISK 1,000 each certificate if completed at the Magistrate’s office
Points to Note:
The buyer would usually demand to receive a certificate of mortgages and other possible rights and obligations in relation to the property. Anyone can request a certificate [...]

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